Implementing cost management best practices
Effective cost management is crucial for any cloud adoption strategy. As organizations migrate their workloads to the cloud, it becomes imperative for them to efficiently manage their expenses, maximizing the value derived from their cloud investments.
The Microsoft Azure Cloud Adoption Framework provides guidelines and best practices to help organizations manage their cloud expenses and optimize their spending over the long term (https://learn.microsoft.com/azure/cloud-adoption-framework/).
One of the key components of the cost management pillar of the Azure Cloud Adoption Framework is developing a comprehensive cost optimization strategy. This involves identifying the key drivers of cloud costs within your organization, developing a set of guidelines and best practices to help manage these costs, and continuously monitoring and optimizing your cloud expenses over time.
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